Ross Stores, Inc. (ROST)
| Market Cap | 49.21B |
| Revenue (ttm) | 21.24B |
| Net Income (ttm) | 2.11B |
| Shares Out | 329.93M |
| EPS (ttm) | 6.36 |
| PE Ratio | 23.47 |
| Forward PE | 22.88 |
| Dividend | $1.47 (0.99%) |
| Ex-Dividend Date | Dec 10, 2024 |
| Volume | 4,606,596 |
| Open | 147.82 |
| Previous Close | 147.79 |
| Day's Range | 147.82 - 151.20 |
| 52-Week Range | 127.53 - 163.60 |
| Beta | 1.11 |
| Analysts | Buy |
| Price Target | 171.69 (+15.11%) |
| Earnings Date | Nov 21, 2024 |
About ROST
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd’s DISCOUNTS stores sell its products at department and discount stores for households with moderate income. Ross Stores, Inc. was incorporated in 1957... [Read more]
Financial Performance
In 2023, Ross Stores's revenue was $20.38 billion, an increase of 8.99% compared to the previous year's $18.70 billion. Earnings were $1.87 billion, an increase of 23.97%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for ROST stock is "Buy." The 12-month stock price forecast is $171.69, which is an increase of 15.11% from the latest price.
News
We're experiencing a retail renaissance, says 5 New Digital's Michael Zakkour
Michael Zakkour, 5 New Digital founder and ‘The New Retail' author, joins 'Squawk Box' to discuss the holiday season shopping trends, state of the consumer, and more.
TJX Companies Vs. Ross Stores: Why I Believe TJX Stands Out
Conservative consumer spending and sticky inflation overshadows retail growth. TJX Companies delivers strong Q3 results, and lifts full-year guidance. Ross Stores holds a strong competitive advantage ...
Ross, TJX and Gap Pivot as Consumer Spending Shift Poses Challenges
As consumers remain cautious with their spending amid ongoing economic pressures, leading retail companies encountered a mixed landscape in the third quarter. Ross Stores, TJX Companies and Gap report...
Ross Stores: SSS Growth Should Accelerate, But Share Price Upside Is Still Limited
Ross Stores' 3Q24 earnings showed modest net sales growth and a gross margin expansion, but same-store sales growth decelerated significantly due to weather impacts. Management's FY24 EPS guidance was...
Ross Stores: ‘Treasure Hunt Environment' Drives Off-Price Store Sales
Ross Stores aims to draw customers and drive sales by offering value and a “treasure hunt environment,” executives said Thursday (Nov. 21) during the off-price retailer's quarterly earnings call.
Analysts See Growth Potential In Ross Stores Amid Holiday Season Optimism: Details
Several analysts expressed views on Ross Stores, Inc. ROST third-quarter results reported on Thursday.
Ross Stores Analysts Boost Their Forecasts After Upbeat Earnings
Ross Stores ROST reported better-than-expected third-quarter EPS results on Thursday.
Crude Oil Gains Over 1%; Ross Stores Earnings Top Views
U.S. stocks traded mostly higher midway through trading, with the Dow Jones index gaining by more than 250 points on Friday.
Ross Stores Stock Pops as Earnings Top Estimates Despite Inflation Slowing Sales
Shares of Ross Stores (ROST) were up Friday morning as the discount retailer's earnings came in better than expected.
Ross Stores, Inc. (ROST) Q3 2024 Earnings Call Transcript
Ross Stores, Inc. (NASDAQ:ROST) Q3 2024 Earnings Conference Call November 21, 2024 4:15 PM ET Company Participants Barbara Rentler - Chief Executive Officer Adam Orvos - Executive Vice President and ...
Ross Stores lifts annual profit forecast on lower costs, shares rise
Off-price retailer Ross Stores raised its annual profit forecast on Thursday, as lower freight and supply-chain costs helped soften the impact of slowing sales at its stores, sending its shares up 7% ...
Ross says business is slower than before, and that it could have done better
Ross Stores Inc. shares rose more than 5% in the extended session Thursday after the discount retailer beat profit expectations even as it said business has slowed from earlier in the year.
Ross Stores Reports Third Quarter Earnings, Updates Fourth Quarter Guidance
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended November 2, 2024 of $1.48, up from $1.33 per share for the 13 weeks ended Oct...
Ross Stores Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Ross Stores, Inc. ROST will release earnings results for its third quarter, after the closing bell on Thursday, Nov. 21.
Ross Stores Announces Quarterly Dividend
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable ...
Retail holiday sales will be robust, says JPMorgan's Matt Boss
Matt Boss, JPMorgan equity research analyst, joins 'Closing Bell' to discuss the retail backdrop ahead of earnings and how to play the sector.
Ross Stores, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) plans to release its third quarter 2024 earnings results on Thursday, November 21, 2024 at approximately 4:00 p.m. Eastern time. Parti...
Proficient Auto Logistics Appoints Brenda Frank to Board of Directors
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Proficient Auto Logistics, Inc. (NASDAQ: PAL) today announced that the Board of Directors (the “Board”) of Proficient Auto Logistics, Inc. (“Proficient”) appointed...
Ross Stores Appoints Boot Barn Chief James Conroy as CEO
Ross Stores has appointed Boot Barn President and CEO James Conroy as its CEO, effective Feb. 2, 2025. The appointment follows a search process launched in June 2023 when Ross Stores announced its lon...
Ross Stores Names James G. Conroy as Next Chief Executive Officer
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) announced today that its Board of Directors has appointed James Conroy (54), a seasoned retail CEO, as Chief Executive Officer, succee...
ROSS STORES OPENS 47 NEW LOCATIONS
COMPLETES 2024 STORE GROWTH PLANS DUBLIN, Calif. , Oct. 21, 2024 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) recently opened 43 Ross Dress for Less® ("Ross") and four dd's DISCOUNTS® stores acros...
Younger Consumers Can Lift These 3 Retail Stocks, Bank of America Says
Demand from younger shoppers should benefit off-price apparel retailers like Burlington Stores (BURL), Ross Stores (ROST), and TJX (TJX), according to Bank of America analysts.
High Quality Dividend Stock Universe: Ross Stores, Inc. Growing But Expensive
ROST has a market beating history with a since inception CAGR of 19.3%. The company has steady revenue growth, strong gross profit margins and a healthy ROIC. ROST has a strong history of above averag...
Ross Stores Announces Merchandising Leadership Changes
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) announced today merchandising leadership changes that the Company believes will strengthen the successful execution of its off-price s...